Accountant – Property Management Client Accounting

Job Description

Accountant | Newmark

The Tone:
This is a full-time role at Newmark, located in San Francisco, CA. Newmark is a 7,312-person organization that provides a comprehensive range of commercial real estate services. As an Accountant on our Property Management Client Accounting team, you will be responsible for the full-cycle of accounting for various commercial real estate properties, directly contributing to accurate financial reporting and ensuring client satisfaction. This position is positioned for career growth and personal development within our accounting team.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: In-person San Francisco, CA
• Pay: $70000–$85000 yearly
• Team: Property Management Client Accounting team
• Mission: Own the full-cycle accounting for assigned commercial real estate properties, ensuring accuracy and timely delivery of financial statements to clients and property managers.
• Tech Stack: Microsoft Office Suite, Yardi, MRI

What You’ll Actually Do
• Financial Statement Preparation: Prepare all aspects of the financial statement package for a set of commercial properties, including creating and posting journal entries, general ledger review, and completion of backup schedules.
• Stakeholder Collaboration: Partner with property managers to ensure financials are accurate and delivered timely, and serve as the primary accounting point of contact for clients and property managers.
• Transaction Management: Ensure all expenses, receipts, distributions, funding requests, and other accounting transactions for the period are accurately completed.
• Compliance and Audit: Review and audit financial information to ensure compliance with established procedures and accounting principles, consistently meeting internal and external reporting requirements.
• Financial Planning: Participate in budget and forecasting functions for the assigned property portfolio, responding to and resolving issues and requests from management teams and clients.

The Must-Haves
• Background: Bachelor’s degree in accounting, finance, or a related field, or equivalent experience in a core accounting domain.
• Experience: Minimum of 1-3 years of previous accounting experience, including an understanding of Generally Accepted Accounting Principles (GAAP).
• Skills: Proficient in Microsoft Office Suite applications; possesses effective interpersonal, verbal, and written communication skills; works effectively in a team environment; customer service-oriented mindset; ability to analyze and problem solve effectively; detail-oriented with a strong focus on accuracy.
• Bonus: Experience with computerized accounting systems, specifically Yardi and/or MRI.